Wotepa
ActiveSummary
Wotepa has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.00M and a net result of €277k. Equity is growing by ~38.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▲+3
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days only on tighter terms
Liquidity ample (current ratio 10.82 against 6.41 in 2023; short-term debt: 9.1% and cash: 91.2% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.5%
Return on assets
21.9%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
57 d late
2022
77 d late
2021
78 d late
2020
1 d early
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€1.00M▲ 38.1%
2023 · €727k
2018: €143k
2019: €180k
2020: €220k
2021: €420k
2022: €531k
2023: €727k
2018 → 2024
Total assets
€1.26M▲ 22.9%
2023 · €1.03M
2018: €580k
2019: €526k
2020: €739k
2021: €806k
2022: €747k
2023: €1.03M
2018 → 2024
Net result
€277k▲ 38.5%
2023 · €200k
2018: €15k
2019: €48k
2020: €51k
2021: €212k
2022: €122k
2023: €200k
2018 → 2024
Working capital
€1.12M▲ 32.4%
2023 · €847k
2018: €167k
2019: €177k
2020: €234k
2021: €483k
2022: €602k
2023: €847k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€220k-€420k▲ 91.1%€531k▲ 26.4%€727k▲ 37.0%€1.00M▲ 38.1%
Operating result€53k-€213k▲ 304%€123k▼ 42.1%€202k▲ 64.4%€279k▲ 37.9%
Net result€51k-€212k▲ 312%€122k▼ 42.3%€200k▲ 63.4%€277k▲ 38.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 38% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.26M
Fixed assets
€26k ▲ 12.5%
Current assets
€1.24M ▲ 23.2%
Equity and liabilities €1.26M
Equity
€1.00M ▲ 38.1%
Provisions
€100k =
Debt
€158k ▼ 20.7%
Debt's share of the balance-sheet total falls from 19.5% to 12.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€287k▲
2023 · €217k
Cash flow
€285k▲
2023 · €215k
Current ratio
10.82▲
2023 · 6.41
Debt to equity
0.16▼
2023 · 0.27
ROE
27.6%▲
2023 · 27.5%
ROA
21.9%▲
2023 · 19.5%
Interest coverage
110.21▲
2023 · 83.83
Debt ≤ 1 year
€114k▼
2023 · €157k
Staff costs
€814k▲
2023 · €797k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.03M€1.26M▲
Fixed assets21/28€23k€26k▲
Tangible fixed assets22/27€20k€23k▲
Plant, machinery and equipment23€5k€13k▲
Furniture and vehicles24€14k€10k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.00M€1.24M▲
Amounts receivable within one year40/41€324k€85k▼
Trade receivables40€227k€38k▼
Other amounts receivable41€97k€47k▼
Cash at bank and in hand54/58€680k€1.15M▲
Deferred charges and accrued income490/1€381€418▲
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.26M▲
Equity10/15€727k€1.00M▲
Reserves13€727k€1.00M▲
Investment grants15€0-
Provisions and deferred taxes16€100k€100k=
Provisions for liabilities and charges160/5€100k€100k=
Environmental obligations163€100k€100k=
Amounts payable17/49€200k€158k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€157k€114k▼
Current portion of amounts payable after more than one year42€3k€0▼
Trade debts44€69k€25k▼
Suppliers440/4€69k€25k▼
Taxes, remuneration and social security45€73k€78k▲
Remuneration and social security454/9€73k€78k▲
Accrued charges and deferred income492/3€43k€44k▲
Income statement
Code20232024
Non-recurring operating income76A€30k€28k▼
Remuneration, social security and pensions62€797k€814k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€8k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-59k▼
Other operating charges640/8€3k€107k▲
Non-recurring operating charges66A€35k€2k▼
Gross operating margin9900€1.05M€1.15M▲
Operating profit (loss)9901€202k€279k▲
Financial income75/76B€89€457▲
Recurring financial income75€89€457▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€200k€277k▲
Profit (loss) for the period9904€200k€277k▲
Profit (loss) for the period to be appropriated9905€200k€277k▲
Appropriation of the result
Profit (loss) to be appropriated9906€200k€277k▲
To contributions691€200k€277k▲
Social balance
Average headcount (FTE)908734.230.2▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
31-12
Financial
Highest result since 2018net €277k ▲38.5%
Operating result €279k, net result €277k, both a record.
31-12
Financial
Equity above €1MEq €1.00M ▲38.1%
7 profitable years in a row build equity to €1.00M.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 6.61
Current ratio from 2.80 to 6.61; short-term debt falls from €269k to €107k.
31-12
Financial
Equity above €500kEq €531k ▲26.4%
5 profitable years in a row build equity to €531k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €220k ▲22.1%
3 profitable years in a row build equity to €220k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 62 days late
2019
31-12
Financial
Equity above €150kEq €180k ▲25.5%
2 profitable years in a row build equity to €180k.
Show earlier events
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2006
Ground area
961 m²
Building footprint
524 m²
Volume, LiDAR
2,890 m³
Parcel 11807G1708/18B000, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Wotepa Sociale Werkplaats VZW
since 20062.154.893.503
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1708/18B000 | Flanders | 961 m² | 1 · 524 m² | 9.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 1,754,183 EUR awarded · 1,754,182 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 461,702 EUR | 461,702 EUR |
| 2024 | 3 | 514,098 EUR | 525,542 EUR |
| 2023 | 3 | 522,780 EUR | 518,219 EUR |
| 2022 | 3 | 255,603 EUR | 248,719 EUR |
Schemes
Erkenning en subsidiëring als maatwerkafdeling
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies voor de omkadering van arbeidszorgmedewerkers (stopgezet)
Recognitions · licences · registrations
Recognised sheltered-work company
1 live approvalRecognised sheltered-work company
Quality registration as a provider
1 live approvalQuality registration as a provider
Similar companies · same sector, comparable size
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GROUP BRS
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RENO-SALE
BE 0869.940.738
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MITRO
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Heusden-Zolder · Eq €1,006,814
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded02-01-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
88993Social work activities without accommodation
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.